8% Guaranteed Rate of Return on Income Annuities! Really? [Video]

By Cathy DeWitt Dunn

With interest rates as low as they have been, buying an annuity now that pays a guaranteed 8% compounded rate of return sounds pretty good…on the surface. If you are looking for a guaranteed, static annual income –– that will never grow over time –– one of these plans may be right for you. But, maybe not.

When you look deeper into the “8% Compounded Rate of return” solution on income annuities you’ll discover:

• The 8% guaranteed rate of return is simply a growth value for future income. It is not “growing” the value of your principal.
• You are locked in forever… You cannot change your mind and walk away with an 8% gain.
• There is no a death benefit — you will not be able to pass money on to your heirs.

While an 8% compounded rate of return income annuity may make sense for some people, it certainly does not make sense for everyone. It is critical that you look at all your options, side-by-side, and get the facts before you make a decision.

Cathy DeWitt Dunn and Matt Redding from Safe Money Talk Radio have put together a must-see free video series that gives you an inside look at safe money moves you can make to secure your retirement future. You’ll learn how a fixed index annuity can provide predictable retirement income you can’t out live. PLUS, you’ll learn about a powerful growth component that grows your income stream over the course of a lifetime to help offset the cost of inflation. We’ll even show you how, despite the economic roller coaster over the past eleven years, our annuity clients haven’t lost a penny due to stock market volatility!

Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer.